When I spoke with Okie - he said the Swiss sent a delegation to President Obama. They insisted on a meeting yesterday - he would not meet with them. He sent VP Biden. They told them to cut this thing loose - if not, they would dump all their Treasuries NOW!! The heat is on - it only takes a couple of countries unwilling to buy the debt to make it very uncomfortable for this administration.

I got a call a little bit ago from a US Treasury source that said the UST #2 was in a meeting overseas late last nite - this RV was supposed to be announced as soon as the meeting was over. It was not...waiting for more info. That was the mid-nite intel we were alluding to....soooo. Better we didn't get out in the open with it. My info from the UST (above) was just confirmed verbatim - not 2 minutes ago again.